Cats must be spayed/neutered, vaccinated, and at least one year old
Parking
Surface Parking
Off-street Parking
On-street Parking
Lease & Fees
Lease Length:
12 months
Security Deposit:
$500
Application Fee:
$50
Late Fee:
8%
Property details
Description
Located near the banks of the Mississippi River, in the Prospect Park neighborhood of Minneapolis, Yale Place features well-kept, studio and one-bedroom apartments. Tucked in a quiet neighborhood, with excellent access to the University of Minnesota & Interstate 94, our apartments and location are sure to impress!
Additional Details
Year Built: 1961
Income Restrictions: Household monthly income must be 3x the amount of rent.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Yale Place by bedroom type below.
1 Bedroom
Suggested income:
$32,900
per year
Rent report
If you upsized to an average priced Minneapolis 1 bedroom apartment, you would pay
18% more per month.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Minneapolis Average
Studio
$1,103
$2.50
$3,310
1BR
$1,345
$2.10
$4,034
2BR
$1,970
$2.00
$5,909
3BR
$2,246
$1.90
$6,738
4BR
$2,453
$1.80
$7,360
Availability in Minneapolis
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 1,905 1BR
units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.